Post
Topic
Board Bitcoin Discussion
Re: China will ban BTC exhangers for good
by
orka39
on 05/02/2018, 22:35:37 UTC
A senior Chinese central banker says authorities will ban centralized trading of virtual currencies as well as individuals and businesses that provide related services.

Authorities will also block domestic and foreign websites and close mobile apps that provide centralized virtual currency trading services to Chinese users, and sanction platforms that provide virtual currency payment services.

So, bye-bye BTC in China.   Cheesy

https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading

https://www.reuters.com/article/us-china-bitcoin/pboc-official-says-chinas-centralized-virtual-currency-trade-needs-to-end-source-idUSKBN1F50FZ

What is the meaning of the topic? For good? What is good from this situation? I could not find the good thing.
This situation makes our altcoin and bitcoin value big correction. I dont mean just this issue that make that correction but other too. But at least i dont see good effect with this like in the topic.